Digital Turbine Inc expected to post earnings of 13  cents a share - Earnings Preview

Digital Turbine

05/08/2023 03:13

* Digital Turbine Inc  APPS.OQ   APPS.O  is expected to show
a
fall in quarterly revenue when it reports  results on August 8. 
    * The Austin Texas-based  company is expected to report  a
24.2% decrease in revenue to $142.903 million from $188.63
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. The company's guidance on May
24 2023, for the period ended June 30, was for revenue between
$140.00 million and $145.00 million.
    * ​Refinitiv's mean analyst estimate for Digital Turbine Inc
is
for earnings of 13 cents per share. The company's EPS guidance
on May 24 2023, for the period ended June 30, was between $0.11
and $0.13 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Digital
Turbine
Inc is $11​, above​ its last closing price of $10.37. ​​​

The company's guidance on May 24 2023 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between USD140 million and USD25 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.18        0.18       0.14      Missed  -21.2
 Dec. 31 2023  0.37        0.37       0.29      Missed  -21.7
 Sep. 30 2022  0.33        0.33       0.34      Beat    4.3​
 Jun. 30 2022  0.35        0.35       0.38      Beat    9.1
 ​​Mar.        0.39        0.39       0.39      Met     -0.3
 31 2022                                                
 Dec. 31 2021  0.43        0.43       0.49      Beat    14​
 Sep. 30 2021  0.39        0.39       0.44      Beat    13.6
 Jun. 30 2021  0.31        0.31       0.34      Beat    8.8
 This summary was machine generated August 5 at 02:13 GMT.  All
figures in US dollars  unless otherwise stated